MeritValue

AIBOTICS, INC.

AIBTdata completeness 75%8 fiscal years on file

Data notes: no data for concept 'totalDebt'

The thesis, from the filings

AIBOTICS, INC. earns about -9878% on equity, but has diluted owners by 3386% over 5 years — worth asking whether the growth reaches owners. The cash-flow models don't apply cleanly here — the ledger says why below.Whether it’s worth owning at today’s price is the last question — and yours to answer, below.

i. The business — what you’d actually own
FigureFY 2021FY 2022FY 2023FY 2024FY 2025
Revenue———$01$2,1831
Net income−$5.14M2−$2.61M3−$1.18M4−$1.85M5−$2.22M5
Operating cash flow−$235,4826−$656,6207−$106,7658−$259,0379−$458,2409
Capital expenditure$2,74610$010———
Free cash flow (derived)−$238,2286−$656,6207———
Total debt—————
Cash & equivalents$1.27M11$385,89912$279,13413$185,09713$255,94013
Diluted shares14.0M14.9M14.9M40.0M486.9M

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).

ii. Your slice — ownership made literal
If you owned
shares
Net assets behind them
−$0.08
your share of equity
Profit it earned you last year
−$0.05
Free cash flow it threw off
—
Debt you’d be carrying
—

10 shares is a claim on −$0.08 of net worth that earned you −$0.05 last year.

iii. Is this a good business?
Moat signal · return on equity
-9878% avg · 5y
FY21 -9878%FY22 —FY23 —FY24 —FY25 —

It earned an average -9878% on equity over 5 years. Compare that to what it costs to fund the business.

seeing a moat in the numbers →
Management signal · capital allocation
+3386% shares · 5y

Share count is up 3386% over 5 years — owners have been diluted. Worth asking what they got for it.

reading capital allocation →

Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.

iv. What it’s worth — engine v0.1.0
DCF · Growth Exit 10Y
not applicable
3y-median FCF non-positive — growth-exit DCF not applicable (see EPV)
DCF · Growth Exit 5Y
not applicable
3y-median FCF non-positive — growth-exit DCF not applicable (see EPV)
Earnings Power Value
not applicable
normalized (5y-median) earnings non-positive — EPV undefined
Graham Number
not applicable
diluted EPS missing or non-positive — Graham Number undefined

Different models answer different questions — which to trust when →

Sources — the receipts
  1. 10-K · period ending 2024-12-31 · accession 0001096906-26-000555 (Revenues)
  2. 10-K/A · period ending 2021-12-31 · accession 0001096906-23-002096 (NetIncomeLoss)
  3. 10-K · period ending 2022-12-31 · accession 0001096906-24-000907 (NetIncomeLoss)
  4. 10-K · period ending 2023-12-31 · accession 0001096906-25-000487 (NetIncomeLoss)
  5. 10-K · period ending 2024-12-31 · accession 0001096906-26-000555 (NetIncomeLoss)
  6. 10-K/A · period ending 2021-12-31 · accession 0001096906-23-002096 (NetCashProvidedByUsedInOperatingActivities)
  7. 10-K · period ending 2022-12-31 · accession 0001096906-24-000907 (NetCashProvidedByUsedInOperatingActivities)
  8. 10-K · period ending 2023-12-31 · accession 0001096906-25-000487 (NetCashProvidedByUsedInOperatingActivities)
  9. 10-K · period ending 2024-12-31 · accession 0001096906-26-000555 (NetCashProvidedByUsedInOperatingActivities)
  10. 10-K/A · period ending 2021-12-31 · accession 0001096906-23-002096 (PaymentsToAcquirePropertyPlantAndEquipment)
  11. 10-K · period ending 2021-12-31 · accession 0001096906-22-000867 (CashAndCashEquivalentsAtCarryingValue)
  12. 10-K · period ending 2022-12-31 · accession 0001096906-25-000487 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)
  13. 10-K · period ending 2023-12-31 · accession 0001096906-26-000555 (CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents)